Plexus Corp PLXS
New risk paragraphs, branching off last year
Each branch is a paragraph in Risk Factors with nothing like it in the 10-K filed Nov 15, 2024. A box jumps to the paragraph as filed, below.
Paragraphs with nothing like them in last year's 10-K
3 paragraphs in Risk Factors of the 10-K filed Nov 14, 2025 with nothing like them in the 10-K filed Nov 15, 2024. Quoted exactly. Paragraphs that were only edited are under 10-K change.
volatility or weakness in our stock price as a result of the announcement of such transactions, the incurrence of large write-offs or write-downs as a result of the acquisition and other potential financial impacts.
Additionally, continued uncertainty regarding commercial dealings, tariffs, export regulations and other trade protection measures between the U.S. and countries globally, heightened by escalating geopolitical tensions, may affect our ability to do
conflicting requirements or expectations, resulting in risk of noncompliance, reputational damage, potential enforcement actions or claims.
Paragraphs in the 10-Q filed Aug 6, 2026 that were not in the one before
New in the latest 10-Q
8 paragraphs in the 10-Q filed Aug 6, 2026 with nothing like them in the 10-Q filed May 7, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
Net increase (decrease) in cash and cash equivalents and restricted cash 7,809 (109,845)
Read in the 10-Q
On June 5, 2026, the Company refinanced its then-existing revolving credit facility (as amended by that certain Amended and Restated Credit Agreement dated June 9, 2022, the "Prior Credit Facility"), by entering into a new 5 -year revolving credit facility (collectively with the Prior Credit Facility referred to as the "Credit Facility"), which extended the maturity from June 9, 2027 to June 5, 2031. The maximum commitment under the Credit Facility is $ 500 million and may be further increased to $ 750 million, generally by mutual agreement of the Company and the lenders, subject to certain customary conditions. During the nine months ended July 4, 2026, the highest daily borrowing under the Credit Facility was $ 233.0 million; the average daily borrowings were $ 127.6 million. During the nine months ended June 28, 2025, the highest daily borrowing was $ 125.0 million; the average daily borrowings were $ 33.3 million.
Read in the 10-Q
compensation expense primarily due to $12.9 million of accelerated stock-based compensation expense related to executive retirement agreements.
Read in the 10-Q
2026 2025 Cash flows provided by operating activities $ 39.0 $ 117.2 Cash flows used in investing activities (74.6) (60.8) Cash flows provided by (used in) financing activities 42.2 (168.3) Effect of exchange rate changes on cash and cash equivalents 1.2 2.1 Net increase (decrease) in cash and cash equivalents and restricted cash $ 7.8 $ (109.8)
Read in the 10-Q
• $14.4 million in stock based compensation expense primarily driven by stock accelerations from previously announced executive retirement agreements in the nine months ended July 4, 2026.
Read in the 10-Q
Show the other 3
On June 5, 2026, we refinanced our then-existing revolving credit facility (as amended by that certain Amended and Restated Credit Agreement dated June 9, 2022, the "Prior Credit Facility"), by entering into a new five-year revolving credit facility (collectively with the Prior Credit Facility referred to as the "Credit Facility"), which extended the maturity from June 9, 2027 to June 5, 2031. The maximum commitment under the Credit Facility is $500 million and may be further increased to $750 million, generally by mutual agreement of the lenders and us, subject to certain customary conditions. During the nine months ended July 4, 2026, the highest daily borrowing under the Credit Facility was $233.0 million; the average daily borrowings were $127.6 million. During the nine months ended June 28, 2025, the highest daily borrowing was $125.0 million; the average daily borrowings were $33.3 million. As of July 4, 2026, we were in compliance with all our financial covenants relating to the Credit Facility
Read in the 10-Q
Item 6
10.1 Second Amended and Restated Credit Agreement, dated June 5, 2026, by and among Plexus Corp., certain of its subsidiaries from time to time party thereto as borrowers, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent (incorporated by reference from Exhibit 10.1 to the Company's Current Report on Form 8-K dated June 5, 2026).
Read in the 10-Q
10.2* Retirement and Transition Agreement by and between Plexus Corp. and Patrick J. Jermain, dated April 28, 2026 (incorporated by reference from Exhibit 10.1 to the Company's Current Report on Form 8-K dated April 29, 2026).
Read in the 10-Q
The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Aug 6, 2026 against Item 1A of the 10-K filed Nov 14, 2025.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:In addition to the risks and uncertainties discussed herein, particularly those discussed in the “Safe Harbor” Cautionary Statement and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in Part I, Item 2, see the risk factors set forth in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 27, 2025 that have had no material changes.
Read in the 10-Q
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.
Phrases used for the first time
Two-word phrases in Risk Factors of the 10-K filed Nov 14, 2025 that are in none of the 1 earlier 10-Ks stored, back to Nov 15, 2024
Where each one is used
- enforcement actions: We and our customers are subject to extensive government regulation, legal requirements and industry standards (as well as customer-specific standards) relating to the products we design, manufacture and service as well as how we conduct our business. This includes regulations and standards relating to labor and...
- social responsibility: Evolving expectations on environmental, sustainability, social responsibility, and corporate governance ("sustainability") matters, including global climate change, by various stakeholders could negatively affect our business by failing to meet stakeholder expectations or imposing additional costs on our business.
- sustainability matters: Evolving expectations on environmental, sustainability, social responsibility, and corporate governance ("sustainability") matters, including global climate change, by various stakeholders could negatively affect our business by failing to meet stakeholder expectations or imposing additional costs on our business.
- conflicting requirements: Further, increased public awareness and concern regarding global climate change may result in new enhanced or conflicting requirements and/or stakeholder expectations related to the effects of greenhouse gas emissions and transition to low-carbon alternatives, driven by policy and regulations, low-carbon technology...
Used at least twice, small words left out. Counted, not picked: a phrase can be new because the company renamed something.
What was taken out
5 paragraphs of last year's Risk Factors with nothing like them now. The longest are quoted.
Sources
Item 1A of each 10-K and 10-Q on EDGAR, quoted exactly. Each paragraph links to the filing at sec.gov.
Also
10-K change: what was reworded or cut, section by section.
Work with it
Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/PLXS/export.csv") into a cell.